By Maureen Werther
Saratoga Polo, the iconic polo venue located in Greenfield, could be the site of some major residential and commercial development, according to plans being developed by ownership.
Jim Rossi, one of the owners of Saratoga Polo, is optimistic about the future of the historic Whitney playing fields and the proposed development plans for the venue located just outside the city of Saratoga Springs.
Negotiations have been in the works for a deal to develop a residential and commercial site around the Saratoga Polo fields since late spring of 2016. Plans are still being finalized. In July, it was reported that Rossi and Bucci were hoping to close a deal before being put into foreclosure by First National Bank of Scotia.
By October, Rossi and Bucci announced a partnership with The Michaels Group, one of the largest homebuilders in the region, and Carver Laraway, owner of the Port of Coeymans, to implement the plans to create a year-round residential and commercial property.
The development would be around the polo grounds and polo matches would continue each year.
“There is a process involved to get to the end result,” said Rossi.